1.35000 EUR
0.05
3.85%
Last update Dec 15, 9:48 PM CET
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Day range
1.24000
1.35000
Previous close
1.30000
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1.24000
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Golconda Gold Ltd.
1.35
0.05
3.85%

Overview

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Description

Golconda Gold Ltd. is a mining company that focuses on the exploration, development, and production of gold from its various mineral properties. The company's primary purpose is to supply the global market with high-quality gold, a precious metal that plays a critical role in financial markets as a store of value and a hedge against economic instability. Golconda Gold operates primarily in regions rich in mineral deposits, leveraging advanced technologies and sustainable practices to maximize yield and minimize environmental impact. The mining sector, particularly precious metals, significantly impacts industries ranging from jewelry to electronics. Within the finance sector, gold mining companies like Golconda Gold are essential players, offering investors exposure to the gold market through equities rather than physical commodities. As such, Golconda contributes to the broader commodities market by influencing supply dynamics and price stability through its production activities. The company's operations thus highlight the importance of resource extraction firms in sustaining economic demand for hard assets.

About

CEO
Mr. Ravi Sood
Employees
0
Address
181 Bay St.
Suite 1800
Toronto, M5J 2T9, ON
Canada
Phone
Instrument type
Common stock
Sector
Basic Materials
Industry
Gold
Country
Germany
MIC code
XFRA
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